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Featured Property

Heritage style in the modern world: Chantry House

Conjure holidays in Tuscany with this sophisticated family home in one of Perth’s most highly sought-after enclaves. For sale by Jody Fewster of Ray White Cottesloe Mosman Park.

National

The Economy

Subdued auction conditions with clearance rates of 55.5 per cent

There were 2,404 homes taken to auction across the combined capital cities this week, increasing from 1,983 over the previous week.

Victoria (Vic.)Melbourne

People

Adam Cashmore joins The Agency

High-achieving Stonnington and Boorondara agent Adam Cashmore has joined The Agency as a property partner.

New South Wales (NSW)Sydney

People

Get to know Darren Curtis of Christie's International Real Estate

Darren Curtis of Christie's International Real Estate sells some of the most prestigious properties in Australia.

Queensland (Qld)Brisbane

Featured Property

Brisbane riverfront acreage with modern mansion

With resort-like features throughout the property, this home’s master retreat offers an additional, completely private getaway, boasting kitchenette, undercover balcony, spa and two separate ensuites. For sale by Jason Adcock of Adcock Prestige Taringa.

International

Design

One of New Zealand's finest homes for sale

54 Twin Peak View in Queenstown, New Zealand is for sale by Bas Smith, principal of Ray White Queenstown.

Queensland (Qld)Brisbane

Construction

Multi-purpose development site in Thornlands for sale

Expressions of interest are being sought for a 31-hectare* approved development site, situated at 157-197 Woodlands Drive, Thornlands. For sale by Ray White Special Projects Queensland.

Queensland (Qld)Brisbane

The Economy

Place Bulimba All Star Auction: 75 per cent of properties sold or under negotiation

Paul Curtain, principal of Place Bulimba discusses the results of the All Star Auction held last night, where 21 properties went under the hammer.

Victoria (Vic.)Melbourne

Featured Property

Toorak’s Tuileries: bespoke Mediterranean style

This striking, light-filled home has been hand crafted with natural materials for elegant living, only six kilometres from Melbourne’s CBD. For sale by Peter Kudelka and Michael Gibson of Kay & Burton South Yarra and Jeremy Fox of RT Edgar Toorak.

National

Politics

"Purblebricks agents would make very little, even top agents" Hayden Groves, REIWA

Hayden Groves of the REIWA, Malcolm Gunning of the REIA, and Leanne Pilkington of the REINSW discuss Purplebricks new service offering and what it means for real estate agents and potential customers of the company.

Pages

News Roundup

https://au.news.yahoo.com/thewest/a/30384185/perth-property-owners-brace-for-more-pain/

Perth property owners brace for more pain

Perth property owners are bracing for a turbulent year as rising unemployment, falling house prices and an oversupply of rental properties creates a perfect storm.

The West Australian

http://www.theglobeandmail.com/report-on-business/international-business/asian-pacific-business/canadian-investments-in-australian-infrastructure-surge-to-record-high/article27790495/

Canadian investments in Australian infrastructure surge to record high

Australia has been the target of a record $34-billion in acquisitions this year by Canadian investors who are applauding the nation’s strategy of selling state assets to fund new railways, roads and hospitals. Canadian purchases in Australia jumped more than eightfold in 2015, data compiled by Bloomberg show.

The Globe and Mail

http://www.nytimes.com/2015/11/22/realestate/tips-for-first-time-buyers.html?WT.mc_id=2015-DECEMBER-FB-INYT-MC9-AUD_DEV-1201-1231&WT.mc_ev=click&ad-keywords=IntlAudDev&_r=0

Tips for first home buyers

Know that during your search you will fall in love, have your heart broken and, if you are lucky, end up with the plain one with the nice personality, not the gorgeous but temperamental one.

The New York Times

http://www.brisbanetimes.com.au/business/brisbane-takes-top-foreign-investment-strategy-award-20151208-gliai2.html

Brisbane takes top foreign investment strategy award

Brisbane has topped a list of Asia-Pacific cities vying for foreign investment put together by an offshoot of the London-based Financial Times. While Singapore took out the fDi Intelligence's Asia-Pacific Cities of the Future award – with Sydney, in 10th place, the strongest performing Australian city – Brisbane's efforts in attracting international investments earned praise from the publication.

Brisbane Times

http://www.yourinvestmentpropertymag.com.au/news/defence-housing-australia-property-investors--get-the-facts-209981.aspx

The facts on Defence Housing Australia investment

One of the main concerns for investors is ensuring that their investment property is tenanted so that a regular income is generated to maintain cash flow and to meet loan repayments. DHA eliminates this fear by offering long term leases of nine or 12 years, or a shorter lease term of three or six years, all with extension options.

Your Investment Property

http://www.abc.net.au/news/2015-12-15/australian-real-estate-boom-peaks/7030232

Real estate boom appears to have peaked as rents wobble

Official home price figures appear to confirm that Australia's housing boom peaked in winter, while private rental data bode ill for the real estate market's future. The Bureau of Statistics Residential Property Price Index (RPPI) is not the most up-to-date measure of housing markets, with the latest figures released today dating from the September quarter.

ABC Online

http://www.afr.com/real-estate/residential/housing-prices-expected-to-rise-between-two-and-five-per-cent-says-domain-20151214-gln4mf

Housing prices expected to rise between 2% and 5%, says Domain

Predictions of a deflated housing market in 2016 continue as property search group Domain predicts 2-5% price growth across all capital cities in the new year.

Australian Financial Review

http://www.dailytelegraph.com.au/newslocal/north-shore/lucy-turnbull-labels-chatswood-cbd-model-to-creating-high-rise-across-sydney/story-fngr8h9d-1227640917676?sv=25a7cff7a8c7beed59846b705cd4b33a

Lucy Turnbull labels Chatswood CBD model to creating high-rise across Sydney

THE newly appointed chairwoman of the Greater Sydney Commission, Lucy Turnbull, has hailed Chatswood as the ideal model for high density urban growth.

North Shore Times